• Morpho has flagged this vault not_whitelisted

Share token price

Other metrics

3M Sharpe
34.8
3M volatility
0.2%
Age
0.2 years
Xerberus risk
78 / 100
Lockup period
Instant
Denomination

Performance and fees

1M3M6M1YLifetime
Gross Gross 7.5% --- --- --- 7.3%
Performance fee* Performance* 10.0%10.0%10.0%10.0%10.0%
Management fee* Management* 0.0%0.0%0.0%0.0%0.0%
Deposit fee Deposit 0.0%0.0%0.0%0.0%0.0%
Withdrawal fee Withdrawal 0.0%0.0%0.0%0.0%0.0%
Net Net 7.5% --- --- --- 7.3%

* Internalised fees are reflected in the share price. One-time deposit and withdrawal fees may still affect net returns.

Curated by Felix

This vault is curated by Felix.

Felix is a Hyperliquid-native CDP protocol for borrowing and earning with the feUSD stablecoin.

View all Felix vaults

Running on Morpho protocol

This vault is running on Morpho:

Morpho is a decentralised lending protocol where curators run USDC, ETH and other lending vaults on Ethereum, Base and more than 40 other networks.

View all Morpho vaults
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Xerberus risk rating

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CORE3 logo

CORE3 risk rating

BB
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Risk rating by CORE3 for Morpho. CORE3's Probability of Loss is a protocol-level risk measure. It does not assess the performance of this individual vault.

Probability of Loss 31.35
ConfidenceHigh
CORE3 rank #44
Data coverage76.7%
CategoryDecentralized Finance
Market cap$1.4B

Risk score by category

Sub-scores run 0–100 — lower is better.

  • Security 79
  • Financial 57
  • Operational 24
  • Reputational 59
  • Regulatory 50
View full rating on the CORE3 website

Returns and period details

MetricWeekMonth3 months6 monthsYearLifetime
Ranking overall#267#286---------#380
Ranking on Hyperliquid#13#12---------#13
Ranking on Morpho#18#18---------#13
CAGR (net)8.2%7.5%---------7.3%
CAGR (gross)8.2%7.5%---------7.3%
Returns (net)0.2%0.6%1.3%1.3%1.3%1.3%
Returns (gross)0.2%0.6%1.3%1.3%1.3%1.3%
Sharpe ratio---39.1034.8334.8334.8334.83
Max drawdown0.0%0.0%0.0%0.0%0.0%0.0%

Access and updates

You can deposit to this vault on Morpho.

View on Morpho

If any information is incorrect or needs updating, contact the Trading Strategy team.

Contact on Discord

Technical details

Vault nameFelix USDe V2
Vault address0x3d2e92b54fb4b906246539bcd91617ebcb391616
Chain Hyperliquid (999)
Denomination Ethena USDe (USDE)
Exchange rate used1 USDe = $0.998855 fetched
Share tokenfeUSDEv2
ProtocolMorpho
HomepageView vault on protocol website
Current TVL127,131.369 USDe
Peak TVL147,283.278 USDe
Last share price1.014 USDe
Last updated
Last updated block50,868,838
Data refreshed at
Data starts2026-09-02 02:51:21 UTC
Fee modeInternalised (performance fee taken from closed positions)
Fees internalisedYes
Featuresmorpho_v2_like
Strategy tagslending
Flags---
Whitelist statusPermissionless
Deposit statusOpen
Redemption statusOpen
Deposit/redemption events294

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